Mutual of America Capital Management LLC Has $8.13 Million Position in US Foods Holding Corp. (NYSE:USFD)

Mutual of America Capital Management LLC lifted its stake in US Foods Holding Corp. (NYSE:USFD) by 2.1% during the third quarter, HoldingsChannel reports. The fund owned 132,170 shares of the company’s stock after purchasing an additional 2,661 shares during the quarter. Mutual of America Capital Management LLC’s holdings in US Foods were worth $8,128,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Janus Henderson Group PLC increased its stake in shares of US Foods by 46.3% in the first quarter. Janus Henderson Group PLC now owns 162,338 shares of the company’s stock worth $8,759,000 after acquiring an additional 51,402 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of US Foods by 3.6% in the first quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company’s stock worth $1,242,336,000 after acquiring an additional 796,434 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of US Foods by 6.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 162,128 shares of the company’s stock worth $8,751,000 after acquiring an additional 9,652 shares during the last quarter. Dynasty Wealth Management LLC acquired a new position in shares of US Foods in the first quarter worth $1,143,000. Finally, Jag Capital Management LLC increased its stake in shares of US Foods by 3,175.1% in the third quarter. Jag Capital Management LLC now owns 169,227 shares of the company’s stock worth $10,407,000 after acquiring an additional 164,060 shares during the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Stock Up 1.1 %

USFD stock opened at $65.37 on Tuesday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. US Foods Holding Corp. has a 52-week low of $42.19 and a 52-week high of $68.00. The company has a 50-day moving average of $62.02 and a two-hundred day moving average of $56.83. The stock has a market capitalization of $15.23 billion, a price-to-earnings ratio of 28.06, a price-to-earnings-growth ratio of 1.07 and a beta of 1.66.

Insider Buying and Selling at US Foods

In related news, CFO Dirk J. Locascio sold 10,000 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $57.95, for a total value of $579,500.00. Following the completion of the sale, the chief financial officer now owns 88,563 shares in the company, valued at approximately $5,132,225.85. This trade represents a 10.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.70% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Truist Financial upped their price objective on shares of US Foods from $66.00 to $74.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of US Foods from $72.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, August 9th. Wells Fargo & Company upped their price objective on shares of US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, September 18th. Finally, UBS Group upped their price objective on shares of US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, November 8th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $71.09.

US Foods Profile

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.